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Net retail sales of investment funds and Isas dropped in July to under £600m from £614.8m in June but were higher than in July 2001, according to IMA figures. Net retail sales fell by more than 3 per cent to £594.4m but were 13 per cent higher than last July when they stood at £526.5m. […]

Ernst & Young is applying to the high court for Equitable Life&#39s £2.9bn claim against it to be struck out because the accountancy firm says there is no basis for the case. Ernst & Young signed off Equitable&#39s account during the nineties – the period during which its guaranteed annuities liabilities grew to the level […]

Open letter to Sir Howard DaviesThe Government wants the public to save and insure themselves more than they do at present – thus alleviating the pressures placed upon the Government&#39s future finances. No one would disagree with the principle of that goal but let us look at how this objective is supposedly being achieved and […]

Yorkshire Building Society is offering what it claims is the cheapest 10-year flexible fixed-rate mortgage with a rate of 5.44 per cent. The loan allows unlimited overpayments without penalty charges, payment holidays and underpayments. Interest is calculated on a daily basis. Maximum loan to value is 95 per cent. The average procuration fee available through […]

Since the introduction of auto-enrolment in 2012, it has been a popular topic in the press. Recent media focus has been geared towards small and micro employers; however attention is set to return to the UK’s largest businesses as they prepare for re-enrolment. Johnson Fleming has produced a useful guide that provides essential information to help you […]

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A group of 500 people have launched legal action against Ingenious Media saying they were misled about film investments that were later deemed to be tax avoidance by the government. According to Bloomberg, which cites court documents, employees from companies including Goldman Sachs, Lloyds Banking Group and HSBC are part of the action. British composer Andrew Lloyd-Webber is […]

Embark Services returned to profit in 2017 as it reported an increase in self-invested personal pension clients. Embark Services is a subsidiary of Embark Group that trades under the Hornbuckle and Embark brands. The business reported pre-tax profit for the year ending 31 December 2017 of £136,000 compared with a loss in 2016 of £2.4m. […]

Architas UK has seen inflows drop by just over 70 per cent in the first half of the year. The Axa-owned asset manager reported £152m net inflows for the first six months of 2018, compared with £546m in the first half of 2017. Globally, Architas’s net inflows dropped to €797m (£710.6m) in the first half […]

14th August 20182:45 pm

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